Stop the Bailout/Sellout

This petition was published by Larry Bumgarner on Feb 02, 2009

To all elected officials and those who have influence in stopping the current bailout.

We the undersigned ask that you stop all current bailout efforts and let these companies go into bankruptcy. Then help them by going in as a creditor and supplying operating cash giving time to correct or even sell them as the bankruptcy laws have done for the last several decades in situations of downturn such as the one we are experiencing now.

We understand that the government would then be a creditor and not an owner as they are now of many of our major financial and business institutions.

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